The ambitious proposal by the power ministry to allow network sharing between distribution licensees operating in the same geographical area will face three key challenges, said a former bureaucrat. Photograph: Mukesh Gupta/Reuters According to him, they include sharing of fixed
Axis Bank on Wednesday reported a 26 per cent decline in standalone net profit to Rs 5,089.64 crore annually for the quarter ended September 2025. Photograph: Anushree Fadnavis/Reuters The private sector lender posted a profit of Rs 6,917.57 crore for
India, the world’s third-largest oil consumer, spent 2.5 billion euro on buying crude oil from Russia in September, 14 per cent less than the previous month, a European think tank said. Illustration: Dado Ruvic/Reuters India remained the second-largest buyer of
The unemployment rate for those aged 15 and above increased marginally to 5.2 per cent in September, according to a government survey released on Wednesday. Illustration: Uttam Ghosh The unemployment rate (UR) was 5.1 per cent in August, 5.2 per
‘We are seeing a lot of people with helmets visiting our showrooms’ This illustration was generated using ChatGPT and is intended solely for representational purposes. Any resemblance to real persons, living or dead, is purely coincidental. The share of
Wholesale price inflation (WPI) softened to 0.13 per cent in September on easing in prices of food articles and manufactured items, government data showed on Tuesday. Photograph: Danish Siddiqui/Reuters WPI-based inflation was 0.52 per cent in August and 1.91 per
HCLTech reported flat net income of Rs 4,235 crore in the second quarter of 2025-26 (Q2FY26) compared to last year, even as its revenue was up 10.7 per cent to Rs 31,492 crore helped by financial services and technology business
Benchmark stock indices Sensex and Nifty ended lower on Tuesday amid weak trends in Asian and European markets and fresh foreign fund outflows. Photograph: Hemanshi Kamani/Reuters Reversing its early gains, the 30-share BSE Sensex declined 297.07 points or 0.36 per
Google will invest $15 billion over the next five years in setting up an AI hub in India, which will include the country’s largest data centre in partnership with Adani Group. Photograph: Dado Ruvic/Reuters The AI hub at Visakhapatnam in
2025 has seen a sharp rise in lawsuits targeting IT services and consulting companies, which now increasingly offer proprietary digital platforms and cloud services. Kindly note the image has been published only for representational purposes. Photograph: Kind courtesy Bethany Drouin/Pixabay
